Rakesh Jhunjhunwala On Why India Is A Great Place To Invest
June 12, 2011 3 Comments
Following are a list of reasons why Rakesh Jhunjhunwala believes India is a great place to invest:-
India owes its progress to the following factors:
- Efficient capital allocation
- Sustained earnings expansion driven by growth and productivity
- 8 per cent+ real GDP growth + 4 per cent + Inflation = 12 per cent + Nominal GDP growth
- Corporates to grow faster than unorganised sector
- Operating and financial leverage to kick in
- Corporate earnings to grow at more than 18 per cent
- Favourable framework for equity investing
- Rising savings, yet low equity ownership — significant potential
- Corporate governance
- Transparency
- Effective regulation Read more of this post